December 23, 2024

Hormel’s stock slumps as sales are still being hurt by weak turkey prices

 Hormel’s stock slumps as sales are still being hurt by weak turkey prices

Hormel’s stock slumps as sales are still being hurt by weak turkey prices

Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.